Business Acquisitions (Tables) - Argotec [Member]

12 Months Ended

Dec. 31, 2016

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The consideration paid for Argotec and the fair values of the assets acquired and liabilities assumed as of the October 28, 2015 acquisition date were as follows ($ in millions):



	Fair Value as of October 28, 2015
Cash and cash equivalents	$	2.7
Accounts receivable	16.1
Inventory	16.3
Other current assets	0.1
Property, plant and equipment	15.9
Other noncurrent assets	0.9
Identifiable intangible assets	130.5
Total assets	182.5

Accounts payable	4.6
Accrued expenses	4.5

Net assets acquired	173.4

Goodwill	109.3

Cash paid	$	282.7

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

The following table shows the fair values assigned to intangible assets ($ in millions):



	Fair Value as of October 28, 2015		Weighted-Average Amortization Period (Years)
Amortizable intangible assets:
Customer relationships	115.9		15
Non-competition agreements	1.7		4
Indefinite-lived intangible assets:
Trade names	12.9		Indefinite
Total	$	130.5

Actual and Pro Forma Net Sales and Income from Continuing Operations

The amounts of the acquisition's Net Sales and Income from Continuing Operations included in the Company's Consolidated Statements of Income for the year ended December 31, 2015, and the unaudited pro forma Net Sales and Income from Continuing Operations of the combined entity had the acquisition date been January 1, 2014 are as follows ($ in millions):



	Net Sales		Income from Continuing Operations
Actual from October 28, 2015 - December 31, 2015	$	22.3	$	0.9

2015 Supplemental Pro Forma from January 1, 2015 - December 31, 2015	859.7		90.2

2014 Supplemental Pro Forma from January 1, 2014 - December 31, 2014	896.2		90.7